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Benzinga
Benzinga
Business
Shanthi Rexaline

Shiba Inu Wins Back-to-Back Listings In Brazil; One Of Nation's Top Crypto Exchanges To List The Meme Token Next Week

SHIB Shiba Inu Brazil

Cryptocurrencies have staged a cautious recovery in recent sessions, but these digital currencies are not out of the woods yet. Shiba Inu (CRYPTO: SHIB), which bounced back nicely in a recent reversal, could get a lift in the near term from a positive catalyst.

What Happened: Brazil's Foxbit announced on its Twitter Inc (NYSE:TWTR) handle that it will allow trading in Shiba Inu beginning on Feb. 16. The statement was made in Portuguese, a widely spoken language in Brazil, and roughly translates to "Make way for the sweetest doggo in the crypto universe. Shiba Inu is coming to Foxbit."

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